Moneyline Betting Explained
In a betting line between two teams, the team expected to win is called the favorite. The team expected to lose the game is called the underdog. The “-230” and “+200” on the far right make up the MONEY LINE for the game.
These lines move rather quickly in response to happenings on the field. When you’re looking at a line for point spread betting, the handicap won’t be the only number associated with the bet. If the game lands exactly on the spread – for example, if KC had won the Super Bowl by 3 – then spread bets will “push.” A push means the book returns everyone’s stake. In this space, we’ll cover what the point spread is, how it works and other minutiae surrounding the most popular form of sports betting. Sportsbook-Ratings.net is your guide for all-things online sports betting.
However, there are states where odds are worse in order to get the state more money such as -115 or -120. This is also called the vig, which is the amount the sportsbook charges per bet. You’re betting on which side will win an event and if that side wins, you win. It may take some time to understand odds and lines but don’t worry, it becomes second nature really quickly.
A final score of in favor of the LA Lakers is an automatic win for you. In other words, if the LA Lakers win by fewer than 5 points, the bet loses and if the LA Lakers win by 6 points or more, the bet wins. NFL handicapping in sports betting lexicon means ‘leveling the playing fields’ so that both NFL teams have odds worthy of betting on.
The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. The “To Win” output yields the profit produced if the Rays win. A $50 winning bet on the Rays yields $70 in profit and a $120 total return to the bettor ($70 profit plus the $50 original bet).
When it comes to NHL and MLB betting, point spreads are also used, but they are known by different terms. It’s entirely possible to bet on point spreads for the first quarter, the second quarter, third quarter, or the fourth quarter. You can also bet on point spreads for the first half, or the second half – it’s your call. Sometimes, the vigorish can be reduced to a lower figure like -105, meaning that you need to risk a little less win that same $100.